A video on Facebook (FB) falsely claims that the Bangko Sentral ng Pilipinas (BSP) has in storage tons of gold supposedly owned by the late President Ferdinand Marcos, Sr. The BSP called this a myth.

On May 25, a false FB video on the supposed gold owned by the Marcoses appeared bearing the title: “MARCOS GOLD & AQUINO CORRUPTION HISTORY, PANOORIN NG (sic) MALAMAN ANG KATOTOHANAN (Watch to learn the truth).”

The first half of the 9-minute video flashed the claim that Marcos Sr. is the “sole owner” of more than 400,000 tons of gold. It was supposedly the commission paid by a wealthy clan known as Tallano. The gold stash is allegedly in the BSP basement. 

The central bank, replying to a netizen query, refuted this falsehood with a May 16 letter response. It said there was “no record” of a “Tallano Gold” in their storage.

Read the full story on VERA Files Fact Check.

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